βοΈ αααααΉαααααΆαα
– Housing Starts αααα
αα
ααΎα
ααα½αααααααααααΆαααααααα
ααΆαααααΈαααααΆαα
αΆααααααΎααααα»αα’αα‘α»ααααααΆααααΆααααΆαα½α αααααΆααααααΆααααΌαααΆαααΆαααΆααααααα
αΆααααααααΆαα·ααΆαααααααΏααα ααααα’αΆαααα·α (The U.S. Census Bureau) α
– αα·αααααα Housing Starts ααΆααααααΆααααΌαααΆααααα
ααααΆααΈααααααααΊ Housing Starts αααααΆαααααα½ααΆααααααΆααααΆαα·ααα·α
, Housing Starts αααααΆαααα α»αααα½ααΆα (αααα½ααΆααααααΆααααΆαα·αα
αααΎα) αα·αα
ααα½αααα»ααα Housing Startsα
– αααααΆααΆααααα α’ααααΆααΆαααααΆαα αα·αααααααααααααααα·α
αα
ααΊααΆαααααΆα
ααααααααααα»αα±αααα·αααααα Housing Starts ααΆαααΆααααααααα½αα
– ααΆαα·ααΆαααααααΏααα ααααα’αΆαααα·α (The U.S. Census Bureau) ααααΎααααΆααααααΌαα·αα·αα’αα»ααααΆαααΆααααααΈααΆαα·ααΆαααα’αα»ααααΆααααα»ααααα»α ααΎααααΈαααΆαααααααΆαααΎααΆαα
αΆααααααΎαααΆαααααααα
ααΆα αααααααΌαααΆαα’αα»αααααα αΌααααααΆααααα
αα αα·αααΆαααααα
– ααΆααααααΆαααααααΆαααΆααα Housing Startsα
βοΈ ααααααααααΈ Housing Starts
“Housing Starts” α¬ααΆααΆααΆαααααα α
ααΆ “α
ααα½αααααααααΈαααααΎαααΉαααΆαααα” ααΊααΆα
ααα½αααααααααααΆααααααααααααΈαααααΆαα
αΆααααααΎααααα»αααααααααΆααααΆαααα½α α¬ααΆααααααΆαααα»ααα½αααα Housing Starts αααααΆααααα αΆαααΈααααΏαααααΆαααΆααααααααααααΈ ααααα½ααααα
αΌαααΌααααααααααΆαααααα½ααΆαααΆααααΆαα·ααα·α
(single-family homes) α’αΆααΆααα·α αα·αααααααααα
ααΆαααααααααα αααααΆααα·αααα αα
αααααααα·αααααα Housing Starts ααΎαα‘αΎα ααΆαααα αΆαααΈαααα»αα
α·ααααααααααααΆαααααα»αααΆααα·αααααααΆαααΆααα»αα·αααα·αα·ααααΆααα»α αα·ααααα»ααααα
αΆααααΈααΈααααΆααααα
ααΆααααα»αααΆαααΆαααΉαααΆα αααααααααααΆαααα
α»ααααα·αααααα Housing Starts αααα αΆαααΈααΆαααααΆααα
α»αααααααααα·α
αα
αα
αα·αα
βοΈ αααααααα Housing Starts
αα·αααααα Housing Starts ααΆααααααΆααααΌαααΆααααα
ααααΆααΈαααααα ααΊα
– Single-Family Housing Startsα ααΊααΆα
ααα½ααααααααα
αΆααααααΎαααΆαααααααααΆαααααα½ααΆααααααΆααααΆαα·ααα·α
α ααΆααααααααα
αα
ααΎααΆαααΆααααααααα―ααααααααααα
ααΆα‘αΎαααΎααααΈααααΆαααα
αααα»ααααα½ααΆααααα½αα
– Multi-Family Housing Startsα αααααα Housing Starts ααααα½ααααα
αΌαααΆαααΆααααα’ααΆααααααΆααααα
ααΆαααΆα
αααΎαααΌα
ααΆ α’αΆααΆααα·α αα»αααΌ ααΈααααα»ααα αα·αααααααΈαααΆααα‘αΎααα
α
– Total Housing Startsα ααΆααΊααΆα
ααα½αααααααααα½ααααα
αΌαααααΆαα Single-Family Housing Starts αα·α Multi-Family Housing Startsα
βοΈ αααααΆαααααα₯αααα·ααααα Housing Starts
αααααΆαααααα₯αααα·ααααα Housing Starts ααΆαα
– αααααΆααΆαααααα
αααααΆααΆααααα αα½αααΆαααααΎααααααΆαα ααΆααααα
ααα’αΆαα» α’ααααΆααααΆααααααΎααααα½ααΆα αα·αααααΌαααΈααααα ααΆαααΎααα½ααΆααΈαααΆαααααΆαααααα»αααΆααααα
ααααααΌαααΆααααα
ααΆαα ααΆααααααααα½αααα’ααααΆαααααΆααΆαααααα’αΆα
ααΆαα±ααααΆαααΆαααααΆααααααΌααααααΌαααΆααααααααααααα
ααΆααααααα

– α’ααααΆβααΆαβααααΆααα
α’ααααΆααΆαααααΆααα’αΆα
ααα₯αααα·ααααααααααααΆαααα
ααΎααααααΆαααααΆααα·ααααα
ααΆααααααααααΆαααααα»ααααα»αα αα
ααααααα’ααααΆααΆαααααΆααααΆα ααΆαα
αααΆαααΎααΆαααα
αΈααααΆααααααΌαααΆαααΆααααααα αααααααΎα±ααααΆαα
ααα½ααααα
αΈαααα»αααΆααα·αααααααΎαα‘αΎαα ααΆαααααα
ααα α’ααααΆααΆαααααΆααααΆαα’αΆα
αααα»αα±ααααΆααααααΌαααΆααααα
ααΆαα
αααΎα αααααΆα ααα»ααααΎα±ααααΆαα’ααααΆ Housing Starts ααΎαα‘αΎααααααα αααα»ααα
αα·α ααΎα’ααααΆααΆαααααΆααααΎαα‘αΎα αααααΆα’αΆα
ααααΎα±ααααΆαα
ααα½ααααα
αΈαααα»αααΆααα·αααααααα
α»α αααααΆα ααα»ααααΎα±ααααΆαα’ααααΆ Housing Starts ααα
α»αααΌα
ααααΆα
-ααααααααααααααα·α
αα
α
αααααααα αα·αααααΆαααΆαααααααα·α
αα
αα½αααΆαααΌα
ααΆ ααααα·αααΆαααΆα ααααΎαααααΆααα
αααΌα αα·ααααα»αα
α·αααα’αααααααΎααααΆαα ααΆαα₯αααα·ααααΎ Housing Startsα αα
αααα»αααααααα·α
αα
ααααΉαααΆααα½α α
ααα½αα’αααα’ααααΆαααΆαααααΎααΉαααααΆααα
α»α αα·αααααΆααα
αααΌαααΎαα‘αΎα ααααα»αΆααα±ααααααΆαααΆαα α·ααααααααα»αααααααααΆααααΆααααααΉαααΆα αα·αααΆααααααΌαααΆααααα
ααΆαααΎαα‘αΎαα αααα»ααααα·α αα
αααα»αα’αα‘α»ααα·ααααα·ααααααα·α
αα
α’ααααΆ Housing Starts α’αΆα
ααα
α»α αααααΆααααααααΆαααα·αααΆαααααααΆααααα»αααΆααααααααααααααα»αααΆααααααααΆαααααα
αΈαα·αααααααΌα
αα»αα
βοΈ α ααα»α’αααΈααΆαααΆαα·αααααα Housing Starts ααΆαααΆααααααΆαα?
αααΆαααΆααα Housing Starts ααΆαααΆααααααΆαα αααααααα ααα»ααααααΆααααα½αα
ααα½αααΌα
ααΆα
– ααΌα ααΆααααααααα·α αα α Housing Starts ααααΌαααΆαααααΆαααααΆαααααΆαααααΆαααα ααΉααα»αααΆαααααααα·α αα α ααΆαααΎαα‘αΎαααα ααα½αααΆαααααααα ααΆαααΆααααα»ααααα αΆααααΈααααααα·α αα ααααΉαααΆα αα·αααΆαααΎαα‘αΎααααααααΌαααΆααα·ααααα ααααααααΆαααααΆααα α»ααααα·αααααα Housing Starts ααΆααααα αΆαααΈααΆαααααααααααααααααα·α αα α
– α₯αααα·ααααΎααΆαααΆαα ααΈααααΆααααα ααΆαααΆαααα₯αααα·αααααααΈααααΆαααΆαααΆααααΆαα αααΎαα ααΆαα·αααααΉααααα½ααααααΎαααΆαααΆααααα»ααα·αααααααααααααααΆααααααα»ααααααα ααα»ααααααΆαααα½ααααααΎαα±ααΆαααΆαααΆααα αααα»ααα·ααααααααΆααααααααααααα ααΆαααΎαα‘αΎαααα ααα½ααααα ααΆαααΆααααααΆααΆαααΆααααααΎαα ααα½αααΆαααΆα α ααααα―ααΆαααα α»αα’αΆα ααΆαα±ααααΆαααΆαααΆαααααααααΆαααΆαα
– αααααααΆααααΎααΆαα αααΆαααααα’αααααααΎααααΆααα Housing starts ααΆαα₯αααα·αααα½αα±ααααααααααΆααααΎααΆαα αααΆαααααα’αααααααΎααααΆααα ααΆαβααΆααααβααααβααααΈβααΆαβαα·ααααΆααΆαβαααα»αβα±ααβααΆαβαααααΌαααΆαβαααααβαααααΆααβααααΏαβαααα αΆαα·α ααααΏαβααααΎααααΆαα αα·αβαααα·α αα·αβααααΆααααβαααααααααααΆαααααααα
βοΈ ααΎα’αααααΆα
ααααααΆααα·αααααα Housing Starts?
αααΆαααΆααα Housing Starts ααααΌαααΆαα
ααααααΆααααααΆαα·ααΆαααααααΏααα ααααα’αΆαααα·α αα·αααΆααααααΆαα’αα·αααααααααα
ααΆα αα·αααΈαααα»αα
βοΈ ααΎαα·αααααα Housing Starts α
ααααααΆααα
αααααΆ?
αααΆαααΆααα Housing Starts ααααΌαααΆαα
ααααααΆαααΆαααα
αΆααα αααααΆααααααΆαα
ααΆαααααααΆααααααααΆααααΈααααααααΆαααΆαααα
βοΈ αα·ααααααα
ααααααΆαααααΈα
U.S. Housing Starts: 1,583M (α§αααΆ 2023) β 1,340M (ααααΆ 2023)
| English Version |
βοΈ Key takeaway
– The Housing Starts data is an economic indicator that refers to the number of new residential construction projects that have begun during a particular period, typically reported monthly by the U.S. Census Bureau.
– Housing Starts data is typically broken down into three categories which are single-family housing starts, multi-family housing starts, and total housing starts.
– Demographics, interest rates, economic conditions, and government policies and subsidies are the main factors that drive housing starts.
– The Census Bureau uses a sample of building permits from local permitting offices to estimate housing starts, which are then followed until completion and sale.
The importance of the housing starts report.
βοΈ Understand about Housing Starts
“Housing starts” refers to the number of new residential construction projects that have begun within a specific timeframe, usually a month. This metric indicates the pace of new home construction, including single-family homes, apartments, and other residential structures. Housing starts are a key indicator of economic growth and consumer confidence, with increases reflecting a strong market, while decreases may indicate economic slowdowns.
βοΈ Categories of Housing Starts
Housing Starts data is typically broken down into three categories:
– Single-Family Housing Starts: It is the number of new single-family homes that have started construction. These refer to the construction of individual standalone homes designed to accommodate a single family.
– Multi-Family Housing Starts: This category includes the construction of buildings with multiple housing units, such as apartments, condominiums, townhouses, and duplexes.
– Total Housing Starts: It is the combined number of single-family and multi-family housing starts.

βοΈ Factors influencing Housing Starts
Factors that drive Housing Starts are:
– Demographic:
Demographics, including population growth, age distribution, household formation rates, and urbanization, play a crucial role in shaping housing demand. Changes in demographics can lead to shifts in the types of housing needed.

– Interest rates:
Interest rates have a direct impact on the affordability of housing. When interest rates are low, borrowing costs are reduced, making it more attractive for individuals and families to take out mortgages to buy homes. Low interest rates can stimulate housing demand and lead to an increase in housing starts. Conversely, higher interest rates can deter potential homebuyers and lead to a slowdown in housing starts.
– Economic conditions:
The overall health of the economy, including factors like employment levels, income growth, and consumer confidence, influences housing starts. In a strong economy with low unemployment and rising incomes, people are more likely to have the financial means to buy homes, leading to higher housing demand and starts. During economic downturns, housing starts may decrease due to reduced affordability and uncertainty.
βοΈ Why is the Housing Starts data important?
The Housing Starts report holds notable significance for several key reasons:
– Economic Indication: Housing starts are intricately linked to economic health. A surge in residential construction reflects a robust economy and rising home demand, whereas a drop signals economic fragility.
– Employment Influence: The housing market holds substantial employment implications. Not only does it create construction jobs directly, but it also generates opportunities across related sectors. A surge in housing starts translates to job expansion, whereas a decrease can lead to job cuts.
– Consumer Spending Impact: Housing starts wield a notable impact on consumer spending. New home construction tends to drive heightened demand for furnishings, appliances, and allied goods and services.
βοΈ Who publishes the Housing Starts data?
The Housing Starts report is published by the U.S. Census Bureau and the Department of Housing and Urban Development.
βοΈ When is the Housing Starts data released?
The housing starts report is released monthly, usually around the middle of the month following the reporting period.
βοΈ Recent updates
U.S. Housing Starts: 1,583M (May 2023) β 1,340M (January 2023)